Mr. Money Mustache Wonders... "Is the FIRE Movement Dead?" | MHFI 308

Doug chats with Pete Adeney, Mr. Money Mustache, about whether the FIRE Movement is dead, in response to a variety of online commentary claiming this statement as fact.  Doug & Pete review and critique multiple perspectives, including notable names like Dave Ramsey and Morgan Housel while also addressing misconceptions, highlighting the value of Financial Independence, and acknowledge the movement’s evolution.

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Links

• Pete Adeney/Mr. Money Mustache
• Jared Dillian, “The FIRE Movement”
• Jarrad Morrow, “The FIRE Movement Won’t Work Like It Used To (Here’s Why)”
• Dave Ramsey, “Why the F.I.R.E. Movement Isn’t Sustainable”
• Ramit Sethi, “The Problem with the “FIRE” Movement”
• Mindy & Carl on Ramit Sethi’s “I Will Teach You To Be Rich”
• Brian Farrell, “What Happened To The FIRE Movement?”
• Morgan Housel, “Is the F.I.R.E. Movement Dead?”
• The Knowledge Project podcast, “Morgan Housel: Wealth is What You Have Minus What You Want”
• Gregory Galant, “Mark Cuban on the FIRE Movement: Financial Independence, Retire Early”
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s blog: Epic Financial Journey

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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0:00 Introduction

6:11 Jared Dillian, “The FIRE Movement”

23:16 Jarrad Morrow, “The FIRE Movement Won’t Work Like It Used To”

25:52 Dave Ramsey, “Why the F.I.R.E. Movement Isn’t Sustainable”

32:01 Ramit Sethi, “The Problem with the “FIRE” Movement”

38:06 Brian Farrell, “What Happened To The FIRE Movement?”

43:07 Morgan Housel, “Is the F.I.R.E. Movement Dead?”

50:40 Gregory Galant, “Mark Cuban on the FIRE Movement”

58:12 Soundcheck – Winter trips